£192,599
This estimated value is based upon the latest sale price for the house of £40,000 on 27 Mar 1998. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £40,000 | 27 Mar 1998 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 sq feet |
This model uses changes in the Official Land Registry House Price Index for BLACKPOOL to estimate the market value.
When this house was purchased in March 1998 the House Price Index for BLACKPOOL was 31.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 381.499%.Applying this 381.499% change to the original purchase price of £40,000 results in an estimated price of approximately £192,599.
| 27 Mar 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.1 | 149.7 | 381.499 % | £40,000 | £152,599 | £192,599 |
The Postcode Pricing Model uses changes in average sales price within the FY1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 157.518 % | £63,007 | £103,007 |
| 3 Month Average | 200.217 % | £80,086 | £120,086 |
| 6 Month Average | 194.939 % | £77,975 | £117,975 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2024 | £80,000 | £80,000 | 14 GAINSBOROUGH ROAD |
| 7 May 2024 | £127,000 | £127,000 | 19 MANOR ROAD |
| 17 Apr 2024 | £72,631 | £72,000 | 61 MANOR ROAD |
| 20 Feb 2023 | £117,787 | £117,000 | 25 MANOR ROAD |
| 20 Jul 2022 | £121,215 | £120,000 | 29 GAINSBOROUGH ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 6 Jul 2015. Using an estimated price of £192,599 means this house is valued at £2,918 per sq meter (£271 per sq foot).
The average size of a house on GAINSBOROUGH ROAD is 110 sq meters (1,186 sq feet).